News Detail
Date/Time
13 Aug 2019 08:48:00
Headline
New investment in Jixin solar power plant in China
Symbol
BANPU
Source
BANPU
0162/251 13 August 2019 -Translation- Subject: New investment in Jixin solar power plant in China To: President of the Stock Exchange of Thailand Banpu Public Company Limited ("Banpu") would like to inform the Stock Exchange of Thailand that its subsidiary Banpu Power Public Company Limited ("BPP") had been notified that BPP through its 100% owned subsidiary, BPP Renewable Investment Co., Ltd. recently invest in new operating solar power plant named "Jixin" with capacity of 25.22 MW located in Jiangsu province, People Republic of China. The transaction value is RMB 189.15 million. This project was entitled to Feed-in-tariff (FIT) of 1 RMB/Kwh. The contribution from the project will be recognized in 3Q19. Inclusive of this project, BPP currently owned total of 7 Solar Power Plants in China with aggregated generation capacity of 177.32 MW consists of; Project name Capacity (MW) Location (Province) Tariff (RMB/Kwh) COD 1. Huineng 21.51 Shandong 0.98 July 2016 2. Jinshan 28.95 Shandong 1.00 September 2016 3. Haoyuan 20.00 Shandong 1.00 October 2016 4. Hui'en 19.70 Shandong 0.98 January 2017 5. Deyuan 51.64 Zhejiang 0.98 February 2017 6. Xingyu 10.30 Shandong 0.85 October 2017 7. Jixin 25.22 Jiangsu 1.00 June 2016 Total capacity 177.32 BPP will continue seeking for investment opportunities across Asia-Pacific to achieve growth target of 4,300 MW within 2025 focusing in attractive growth market with supportive government policy. Please be informed accordingly and kindly disseminate the information herein to investors. Sincerely yours, - signature - (Mrs. Somruedee Chaimongkol) Chief Executive Officer ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.